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Bob White of Taiyo America Inc. speaks as a panelist at the Nevada Business Connecitions breakfast on manufacturing issues.

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Industry: Margins tax would hurt business climate

Consumer prices could go up and Nevada’s business-friendly climate would suffer if a state margins tax becomes law, Carson City industry executives said Wednesday. “Nevada’s going to be the loser,” said Dave Bess of Carson Hi Tech. Bess was a member of a panel at the Nevada Business Connections breakfast meeting at the Gold Dust West Casino. Bess said he feared if a 2 percent gross margins tax makes the ballot, uninformed or misinformed voters will approve.

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